Finance News

Honor Capital Partners with ePayPolicy to Offer Financing at Online Checkout

Honor Capital Partners with ePayPolicy to Offer Financing at Online Checkout

Honor Capital has partnered with ePayPolicy to make premium financing easier to access for insured payers, and effortless to offer for agencies and brokers.

With ePayPolicy’s Finance Connect, insurance brokers and agencies who work with Honor Capital can now present simple financing options to payors when they’re paying online.

Honor and ePayPolicy’s mutual customers can elect to finance, make down payments, and e-sign PFAs in a single online session. Accessing financing no longer relies on the customer requesting it, or the agent offering it – eligible policies are presented in real-time.

“Agents only have so much time, and it’s not possible to generate a competitive finance option for everyone,” said Josh Peterson, Chief Product Officer at ePayPolicy. “Now they can send that option every time, with zero effort and no double entry.”

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Finance Connect presents financing consistently for eligible customers, utilizing a real-time integration between Honor’s quoting systems and the popular insurance agency management (AMS) and accounting systems to present financing terms clearly to the payor.

Finance Connect is designed to support existing PFC and agent relationships, and Honor Capital joins a list of the most popular and respected premium finance companies in the insurance industry who have partnered with ePayPolicy on the release.

Finance Connect – Key Features

  • Connects insurance securely companies with their existing PFC partners
  • Supports integration with the largest PFCs in the insurance industry
  • Premium financing options presented at checkout alongside pay in full options
  • Simplified financing enrollment and upfront terms for insureds
  • Easily generates consolidated premium finance agreements (PFAs)
  • Send professional digital quotes with financing with Quotes & Invoices

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[To share your insights with us, please write to psen@itechseries.com ]

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